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Search Results 0 to 49 of about 253 (some duplicates have been removed)
to last. siemens, answers. >> theu.s.economyinthefourthquarte of. the u.s. economy in the fourth quarter of last year october, november, december contracted by 0. 1%. one-tenth of 1%. it was the first contraction in three years and it rattles financial markets. much of the slippage in gross domestic product, was due to what the u.s. federal reserves describes as quote weather related disruptions and other transitory facts unquote. the central bank is keeping monetary policy on hold. and says n worth of long-term securities a month, until there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing
, the thing that is really holding the economy back? if so then you had a bad week. >> first jobs report of the year. >> fourth quarter gdp numbers are down. >> the republican party can't move forward. >> government spending does actually help the economy. >> a trillion dollar stimulus bill, supposed to create jobs. >> we need to start solving the actual problem. >> we need to cut spending. >> cutting. >> cutting very popular social insurance programs. medicaid, medicare, social security, health care. >> there is another economic reason why we need reform. >> let's help to build the greatest economic engine the world has ever known. >> as congress gets ready to tackle the immigration, there will be a snag. >> the republican party can't move forward. >> doesn't want to do anything on comprehensive immigration reform. >> what would you do about immigration? >> how to deal with border security. >> first we strengthen the borders. >> they have to be reasonable how they do it. >> we define ourselves as a nation of immigrants. >> the economy is back in the spotlight. >> government does help th
gwen: the ping-pong economy, the new immigration fight and chuck hagel's not so good day. tonight on "washington week." wall street and the housing sector are rebounding but job growth is stagnant, consumer confidence shaky. what's up with the economy? in washington, bipartisanship roars back. >> for the first time ever, there's more political risk in opposing immigration reform than in supporting it. >> the issue of immigration is not a simple one but i think we have the opportunity to do it right and -- gwen: will immigration reform finally happen? and chuck hague 's rocky confirmation hearing. >> please answer the question. were you correct or incorrect when you said that the surge would be the most dangerous foreign policy blunder since vietnam? yes or no? >> my reference to -- >> are you going to answer the question senator hagel? the question ask were you right or wrong? gwen: the president's pentagon choice finds hit -- his worst enemies in his own party. covering the week, david wessel of "the wall street journal." vaughn johnson of national joran. kirn tumulty of the nati
down our debt in a way that grows our economy and create good jobs. the decision that will make a real difference in the strength of our recovery. we began with economists and business leaders saying that we are poised to grow. there are signs of progress. car sales are at a five year high. manufacturing is coming back. businesses created 2.2 million jobs last year. we have learned that our economy created more jobs in the last few months that economists are originally thought. this week we also received the first testament of the economic growth over the last a few months. it reminded us that bad decisions in washington can get in the way of economic rugrats. we agree -- economic progress. we agree that we cannot cut our way to prosperity. it has not worked in the past and it will not work today. it could weaken our economy. a could cost us jobs. not just now, but in the future. what we need is a balanced approach. an approach that says let's cut would we can afford, but make the investments we cannot afford to live without. investment in education, research thomas development. -- of
. the u.s. economy is a puzzling thing. today it added 157,000 jobs but the unemployment rate kicked up to 7.9%. also today the dow industrial average closed above 14,000 for the first time in five years, yet the government reported this week that the economy contracted in the fourth quarter of last year for the first time since 2009. so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i c
. >> i want to -- you look at all the numbers we got this week, the gdp report, the economy technically shrinking by 0.1 for the fourth quarter and most of it being chalked up to government -- to the lack of government spending particularly in the defense industry. and yet there were other parts of it in the private sector that looked strong. what's the reality here? are we an economy that's growing, that's recovering, or are we in an economy that's still on shaky ground? >> we're growing and we're recovering. the economy as measured by, say, gdp, that's kind of the economy's bottom line, that's the value of all the things we produce, that's been going 2%, 2.5%, and i don't think it's changed, that's about what we're growing right now. that's okay. but it's certainly not good enough in the context of the 7%, now 7.9% unemployment rate. yes, the economy is growing. yes, with each passing month we're on more sound ground but, you know, i don't think anyone's going to feel really good until unemployment is below 6%. >> and the big issue continues, one of the odd issues has to be consumer c
, so we can strengthen our economy, and strengthen our country's future. think about it. we define ourselves as a nation of immigrants. that is who we are, in our bones. the promise we see in those that come here from every corner of the globe, that has always been one of our greatest strengths. it keeps our recourse young, a key to our country on the cutting edge, and helped to build the greatest economic engine the world has ever known. after all, immigrants help to start businesses like google, and yahoo!, they created entire new industries that in turn created new jobs and new prosperity. in recent years, one in four high-tech start-ups in america were founded by immigrants. one in four new small business owners were immigrants, including right here in nevada. folks who came here seeking opportunity and now want to share that opportunity with other americans. but we all know that today we have an immigration system that is out of date and badly broken. a system that is holding us back, instead of helping us to grow our economy and strengthen our middle-class. right now, we have
economy, and the influence of our diplomacy and the creative energy of our people remain unrivaled. no, it is because as the world has changed, so to have a level -- the levers of power that can most effectively shape international affairs. i have come to think about it like this. truman and acheson were killed in the parthenon with classical geometry and clear lines. tellers or a handful of big institutions and alliances dominated by major powers. that structure delivered unprecedented peace and prosperity. time takes its toll, even on the greatest edifice. we do need a new architecture for this new world. more frank gehry than formal greek. some of his work at first might appear have howser. in fact, it is highly intentional -- half hazard. in fact, it is highly intentional and sophisticated. today, we need a dynamic mix of materials and structures. american military and economic strength will remain the foundation of our global leadership. as we saw from the intervention to stop the massacre in libya to the rate at brought osama bin laden to justice, there will always be times when
to essentially double fuel economy up to 54.5 miles per gallon. it does it in a way that collaborates with the automakers themselves in a way that will produce the kind of cars that are safe and effective and performed the way americans consume or want to see and will really provide tremendous societal benefits. so what is a win for everyone and that is my basic message. if you look at it on the climate change site, what we're talking about is over the course of 2012 through 2025, vehicles will reduce carbon pollution by 6 billion metric tons. were talking about 12 and arrows of oil saved. these are numbers not to be sneezed at, ladies and gentlemen. these are very large benefits for society. we saw automakers standing up, touting this initiative because they knew they could produce cars are more efficient and consumers who want to purchase. on the consumer side, perhaps consumers here are the biggest winners of all. they're going to get cars that perform the way they want better safe, that is, provide them utility they need, but they're going to save money in their pocketbooks every
. >> tomorrow's jobs report, more ominous signs for the economy and now, pink slips for the president's jobs council. >> welcome everyone, i'm in for neil neil cavuto. and one day after learning the economy is shrinking, news that the job marketes -- democrats say it's because federal spending is drying up. to craig smith who says that argument is all wet. craig? >> you know what? i think i'm going to agree with the democrats. federal spending is drying up. it was down and look what happened. well, thankfully, federal spending is stopping, because look at everything that they've been doing, eric? up in of it has been working, and when you start to think this whole thing through, they're going to blame it on bush or the republicans and they're going to say, this was all part of theses quickster done the sequestration deal, and everybody stopped spending but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the ec
of a shadowy economy for too long. husbands and wives are afraid to be torn apart. children are afraid their parents will be deported. our lawmakers should finally bring them into the light. joining me now is richard wolffe and victoria defrancesco soto. let me go to you. immigration reform is now inches closer to what is happening. is this true in your opinion that we are seeing what is actually inching closer and closer into reality? >> reverend, it won't be easy, but i do believe it will happen. this is a very strong initiative that we see being put forward by both the bipartisan senate committee and by the president. and it is so strong. because it is a piece of legislation that has learned from the mistakes of the past two immigration reforms. so in 1965, the heart seller act focussed on family reunification but ignored workers and the need for workers to come to the u.s. that's really the main route of documented immigration today. with the immigration reforming control act, it put forward employer sanctions. but it had no teeth. so we saw the big failures of both of these immigr
, federal debt/deficit, which of those three issues will be paramount in that senate campaign? economy improves, it will be the economy. if it is beyond the economy, i think health care might be an issue. whatever democrat runs probably voted for it. whatever republican runs and did not vote for it. i do not think that will be a big issue unless there is a lot of administrative action taken by this president that is going to turn gun owners off. then the president could raise it to a big campaign issue. i do not think any action by congress will raise it to a big campaign issue. >> i want to ask the questions about immigration reform. a group of eight senators are trying to draft legislation and take the lead on this issue. were you asked to be in the group? what i was not. i suppose i could have volunteered. as ranking member, art dealer leading ranking member of the judiciary committee, it is more ideologically divided. i think i have to be a person that is an honest broker. i am going to look at it from the standpoint of my participating in the 1986 act and try to make sure some of
countries grow their economies not just through traditional assistance but also through greater trade and investment, partnerships with the private sector, better governance and more participation from women. we think this is an investment in our own economic future and i love saying this because people are always quite surprised to hear it, seven of the 10 fastest growing economies in the world are in africa. other countries are doing everything they can to help their companies win contracts and invest in emerging markets. other countries still are engaged in a very clear and relentless economic diplomacy. we should, too, and increasingly, we are. and make no mistake, there is a crucial strategic dimension to this development work, as well. weak states represent some of our most significant threats. we have an interest in strengthening them and building more capable partners that can tackle their own security problems at home and in their neighborhoods, and economics will always play a role in that. next, think about energy and climate change. managing the world's energy supplies in
from how people personally did but how does it into the economy? guest: we are seeing an economy that is recovering slowly from the crisis and recession of 2008 and 2009. we can put a number of side for a minute because that is about investment income. even over the long time horizon, we are seeing incomes rise. people are earning more money. people are starting to put people back to work. certainly, this is not a happy days are here again and everything is fine. we are not healed but it is making progress in that direction. host: take a look at a lot of factors. it look at wages and income and rental income. you look at investment income as a whole. that paints a picture of where americans are financially. guest: that's right. you can't buy the things you need if you don't have income. for some, that is a paycheck from their job or from retirees, social security benefits. or for people who have invested a lot, it might be invested -- investment income dividends. wherever it comes from, that is the core of how you buy the things you need and want. host: our guests will take a loo
numbers announced yesterday. the economy added 150,000 new jobs, but the unemployment rate ticked up to 7.9%, which is what we have there on our map this was also the lead story in this morning's new york times -- on our map. this was also the lead story in this morning's new york times. patrick, explain how that works, more jobs added, but the unemployment rate goes up. guest: the economy needs to add up -- needs to create enough jobs to make up for people coming into the labour market. this month, we fell slightly short of getting there. it is worth noting, the unemployment rate has a margin for error of 0.2%. when it picks up a 0.1%, we say, it is essentially unchanged. there is a wiggle room for measurements. it is right around par. host: when these numbers come out, the numbers come out, and there is an explanation that they can be adjusted in a month or so down the road trips -- road. guest: tell us about -- as more data comes in, debris-estimate how many jobs came in, and for december, they went from 155,000 jobs to 196,000 jobs. and in november, job growth was showing 146,000 jobs
was part byhe ft tha it was a rigged election, an illegitimate economy. the clip i wanted you to show was the one in which he said, he was asked about the policy of containment. it was not a bad during issue. he says, yes, i support the administration's policy of containment. he then gets a note that says, i have been told that i made a mistake. of course i am not in support of that. a policy of this administration on containment is that it does t have a policy of containment. at whi poi democratic senator levin had to rescue him and said, in fact, the administration has a policy of containment, and it is to oppose it. he was clueless. >> colby? >> he was in the position where he had to dodge a little bit. let's go back to the exchange with senator mccain on the surge. the issue was never the surge when you talk about iraq. the issue, as senator nelson from florida said, going into iraq because we thought there were weapons of mass destruction. we end up with 4000 americans dead, $1.90 trillion from the war, and you tell me the issue is the surge? the issue was going into that country
expertise. >> after the competent -- after the break -- after the economy. after the break, the economy can transfer for the first time since the start of president obama's first term, and congressional republicans are quick to point the finger, except it was some of those very same lawmaker who's played a hand in the downturn. we will look at the new normal next on "now." [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> yesterday the commerce department reported that the u.s. economy shrank for the first time in three and a half years. down .1%. amid
be a different story. >> i would remind you that three of mind -- six of mine, three of them were the economy. and that really stunned everybody. >> and even getting into this, this is the experience of the league of women voters, they sponsored the debate in 1976 and 1984 and for the sake of transparency i was one of the reporters that ask questions in 1984. when we finished with that, they pulled out of the sponsorship and argued at the time that there was too much party interference and they said that they had no intention of becoming an accessory to the hoodwinking of the american public. i think that this is terribly tough language, but my question this is overstated. >> but my question to you is not as moderators but as reporters. is this something where there may be the beginning of too cozy a relationship between the parties, and the public? >> i really don't -- i did a foreign policy debate and two of my sections were the middle east. are you going to talk about foreign policy without talking about the middle east? >> it is so obvious, why do this? >> if they don't want to do this, t
and down. and i think this has a lot to do with what i think you'll be talking about later, the economy is starting to rebound. people are slowly starting to get back into work. not looking dismal. they're not seeing the emergency measures for the economy like t.a.r.p. or the major stimulus and that has lowered the temperature on the right. in 2010 and 2011, when you looked at the republican party and when the republican party looked at itself, they thought, we are facing a permanent resolution on the right where if we don't vote this way, there will be another tea party challenger and another tea party challenger. although these efforts like karl rove's are getting started now, they're finding out there isn't an endless bench of tea party candidates that can win primaries. that has loosened it up for them to make a little bit of room on immigration reform. >> these election res important. they matter. and i think that republicans, you know, want to win senate seats. they want to win the presidency. >> political science 101, a party exit exists to get elected, right? >> but the question
the economy, they say, is starting to turn around. what is going on here? we will bring in the senior business correspondent and anchor of bulls & bears. thank you for joining us. this number, then, is increasing. in fact, two years ago, 42 percent of retirees were putting off retirement. why the increase? >> it has been -- we have been getting more gray as a workforce because people have longer life spans and they have better health. we have switched from defined pension benefits to more risky 401(k) plans for people who have worked longer. the last two years was a dramatic jump leaving us to think it is something to do with the economy. people have been drawing down the 401(k)'s and into their savings because they have lost jobs and the value of homes are going down. the storm now is back where it was before the big financial meltdown in 2008 but, however, there is a feeling of insecurity. that is what is driving people to stay in the workforce longer. >>heather: home prices are rising now, and you mention the stock which has turned around if now. so, with the economy possibly rebounding, ho
, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now reviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meeting two years ago and no one in the white house says it has fallen far enough. officials defend the council's work in mr. obama's interaction with it. >> the jobs council provided us a series of ideas, many of which the president acted on. it did not require some leaves us ideas to be generated. >> from the start critics believe the council was intended to create the appearance of action in the face of soaring unemployment. it only met four times and h
, grow the economy. but in the last quarter of 2012, government spending, yes, government spending fell 6.6%. defense spending was down more than 22 pnt. and how did that affect the economy? last quarter, the gdp, which measures the economy, fell 0.1%. and 38,000 more people filed jobless claims last week than the week before. this is seersz. the economy is moouing in the right direction. but we can be the take our eye off the ball. we can't just cut, cut, cut. republicans ignore the real impact cuts have on the economy. do they think we wouldn't point it out? nice try, but cut it out because we gotchya. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans
on the rise again as the economy continues to falter. who will president obama blame for this latest set back? [bleep] [ applause ] >> and vice president joe biden admits that the new gun laws being proposed might not prevent another newtown. so what's really behind the gun control push? >> say it ain't so, joe, there you go again. >> caution, you are about to enter the no spin zone, the factor begins right now. hi, everyone. i'm laura ingraham in for bill o'reilly. thanks for watching us tonight. lionizing h ng. "newsweek" marks the most powerful woman in american history. the article reads like a piece of campaign literature than a serious examination of her record and her accomplishments. certainly, look, mrs. clinton is highly intelligent, she a global celebrate and she reached a level that few men, let alone women ever reach in our country. yet titles don't tell the entire story. the benghazi attack. a failed reset with russia. a more powerful and emboldened china. an iran closer to a nuclear weapon, slark terrorists fans out across north america? simply put, under barack obama and hilla
the american economy and strengthen american families. third, creating an effective employment verification system that will prevent identity theft and and the hiring of future unauthorized workers. leslie, an approved process for admitting future workers to serve the nation's workforce needs while simultaneously protecting all workers. other bipartisan groups of senators have stood in the same spot before, trumpeting similar proposals. but we believe that this will be the year that congress finally gets this done. the politics on this issue have been turned upside down. for the first time ever, there has been more political risk in opposing immigration reform than supporting it. host: senator chuck schumer, outlining the details of the immigration reform agreement so far. here is the headline from "roll call," this morning. host: here to talk more about this story, the staff writer at "roll-call," humberto sanchez. have democrats been able to move the ball forward? caller: it appears so, but principle is a big step forward. senator schumer mentioned that. it has been tried for a couple of
. this has really serious implications. if people stop shopping or -- listen, we have an economy where the gdp number comes out tomorrow that is just short of chugging along. this is really serious stuff. connell: bob schiller later on housing because that is the other side of it. give us a stock pick today. charles: radioshack. i said i would not chuckle. nevertheless, you know what, you remember alexander's -- went from $78 to $12. they do have to reorganize, but they stop selling inexpensive close and all of a sudden there real estate was worth a lot. the volume has been astronomical. it is extraordinarily high risk. something may be going on there. connell: we will take your word for it. charles, thank you. nicole petallides joined as every 15 minutes with stocks now. nicole: i am watching the number one winner on the s&p 500 today. they are pushing near the five-year highs. they are confirming that they are looking to seek five seats on the board there. if they get on there, they will be likely to spin off assets. sell off the retail operation. there are some people who speculate
economies led by china. finally, the fed successfully engineering a modest increase in interest rates without unleashing run away inflation. i know, tall orders. >> this is a tall order, bob. >> but this would create a huge boost of business confidence. capital expenditures and hiring would increase and revenues would rise. finally, sue, on a day when the dow passed 14,000, it is forth while noting that the last time the dow passed 14,000, valuations were much higher with the ratio for the s&p at that time was 22. about 14 right now. what does that mean? well, historic average for the s&p 500 is 15, it means the market was way overvalued, sue, in 2007. today it is somewhat underval i'd. steve pointed this out to me. i think it a very good point. tip of the hat to you, steve. market overvalued then in 2007. not the same market. >> i'm exhausted listening to him. >> it is. somebody has it put the big picture in it and bob did that very nicely. how do you feel about the market at this point. >> it is almost ill logical because they are celebrating that the jobs report is good but not so
that but that is the point, getting rid of the shadow economy, the shadowow estence. getting these folks on the path to citizenship. if you know anybody who has been here initially illegally, youu know even when they get a green card, their entirire existence is devoted to getting citizenship. a green card is not their only desire. >> what about senator sessions' point about thehe unlawful flow of people into the country? >> the way we always have, and we have got much better. if you look at the n numbers of people who are caught at t -- some of this petition is due to the economy but a great deal of it is not. you just have to look to the resources we have put in and the successes. at som point, it is case of diminishing returns. you cannot makit like east berlin on the border.. itit is too big of a border. we cannot do that. but you can be very tough about it. >> all you need to stem the flow of immigration is an economy like the one we had this country for the fst 10 years iin the 21st century. that will do it. the idea of coming to share in americican prosperity and was quickly dashed. let's be
debate. >> there is no question that the economy is what the elections are about. but i would point out to the scholars that there were two chefs in public opinion during this campaign. the first one came after the first debate. when suddenly, here came romney and people said, that look like obama was going to run away with it, and the second change came at the end of the democratic convention, after the speech by bill clinton. these chefs do change minds and i think fat they are one of the best parts of the campaign process and i think that we need to have more debates. >> but let me say to the scholars, they overlook the obvious and maybe that is why they are scholars. [laughter] no, that is applied -- that is not a put down. scholars need to go beyond the obvious. that is what makes them scholars. what is obvious is that 64 million people watched the first debate. four years ago was about the same number and there was no two-one change like there was in 2012 of what the debates too, they are confirming exercises. and the scholars tend to say, they did not change any votes and as a co
Search Results 0 to 49 of about 253 (some duplicates have been removed)